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ITV profits plunge by 60% amid brutal advertising downturn

Slump in ad revenue outweighs record income from studio business

Mirror publisher Reach cuts sum set aside for phone-hacking payouts

High court case has clarified time limit for cases, as group reports fall in profits amid advertising slump

Hit shows such as Mr Bates could bring a dramatic improvement in ITV’s fortunes

With results due this week in a sinking ad market, the show was a timely reminder of what broadcast TV can do

ITV sells stake in Britbox International to BBC Studios for £255m

Commercial broadcaster’s sell-off will help fund share buyback and expansion of ITVX

Virgin Media O2 clients hit with 8.8% price rises or crippling exit fees

Increase is biggest hike in percentage terms of any major broadband or mobile firm this year

BuzzFeed plans to lay off 16% of employees after selling Complex

Media group says it will be ‘more profitable, more nimble’ after offloading Complex at a discount and implementing a restructure

Peak Stuff review – teenage ideals take a kicking from capitalism

A superb Meg Lewis plays three characters losing touch with reality in Billie Collins’s play about a market-driven world

Minister says government working on sanction options for those involved in Alexei Navalny’s death – as it happened

Leo Docherty, Foreign Office minister, says government ‘working at pace’ to hold those responsible for Russian opposition leader’s death to account

Apple reportedly faces €500m fine from EU over music streaming access

Brussels to issue levy after Spotify complained about block on telling users about cheaper alternatives to app store, according to FT

‘Breathtaking’ media layoffs continue with job cuts at NowThis and Intercept

Intercept management announces 15 staff reductions, and NowThis Union reveals whopping 50% of staff laid off

TikTokers help drive Sarah J Maas ‘romantasy’ boom for Bloomsbury

Publisher tells investors profits will exceed expectations, attributing this to release of House of Flame and Shadow

Paramount cuts 800 staff two days after Super Bowl was biggest ever TV show

Company that owns CBS, broadcaster of NFL showpiece, announces 3% reduction in global workforce

‘It’s happening everywhere’: Channel 4 CEO Alex Mahon on TV’s deep crisis

The network boss believes production companies that underpin Britain’s global reputation face being forced out of business

Nationwide’s Dominic West ad prompts complaint from rival

Watchdog receives complaint, reportedly from Santander UK, that advert paints misleading picture of bank branch closures

I’ve battled racism and misogyny in British broadcasting for years. As a Black woman, it’s exhausting

The creative industries in this country are boys’ clubs. Conversations about meaningful change are long overdue, says author and broadcaster Gemma Cairney

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  • UK airlines to be banned from charging parents to sit with children
  • Labour figures uneasy about Healey’s ‘underpowered’ approach to budget
  • US borrowing costs hit 24-year high as global bond sell-off intensifies
  • Britain in talks with European allies over release of emergency diesel stockpiles
  • Bond sell-off: US government borrowing costs hit highest since 2002, as UK 30-year bond yield hits 6% – as it happened
  • Crude oil exports from strait of Hormuz largely return to pre-war levels
  • Naomi Campbell wins legal challenge over charity trustee ban
  • Peta claimed victory when fashion stopped using fur – so why are they back hijacking catwalks?
  • Travelodge guests are still at risk, finds review launched after sexual assault
  • Bedford rail crash: train sped up after red light warning, say investigators
  • Ukraine persists with Russian oil refinery strikes in defiance of Trump
  • Should cockpits stay locked from the inside? Flydubai stabbing raises flight security questions
  • UK bookmakers that warned of rogue casinos profited from offshore gambling
  • I went to America’s largest gathering of astrologers. It was a battle over how to read the stars
  • Tech in cars can be used to snoop on you, Dutch spy chiefs warn
  • Britain’s scaffolding should be a source of national pride – instead we’re struggling to recruit workers
  • Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’
  • UK house price growth halves amid rising mortgage interest rates
  • Billions of dollars, none of it taxed: ATO reveals the tech giants paying zero income tax
  • The zero-bills home: how one family is beating the energy price hikes
  • Healey urged to offer energy support in budget as bills rise 4%
  • Rightwing economic myths could derail Burnham’s project – to destroy them, look to Keynes
  • Property prices are plunging in almost every capital city across Australia – see how your suburb rates
  • Federal Reserve watchdog finds no criminal violations for building renovation cost overruns
  • Government must stop dithering over energy bill support for the vulnerable
  • New UK gas and oil projects are a ‘no-brainer’, says EDF boss
  • Economic growth in UK and US revised higher; diesel on brink of £2 a litre for first time – as it happened
  • Energy bills: what to do as prices head for £2,000 a year, from switching deals to insulating
  • We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss
  • If turbocharged petrol prices are driving up inflation, then why are Australia’s unemployed on the line?

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